cryptomining

Noun

cryptomining (uncountable)

1. The process of reverse-engineering the encryption used by cryptocurrency in order to generate cryptocurrency.
   • It’s almost as if cryptomining were designed to break graphics cards – miners usually run their graphics cards for 24 hours, and the process creates a lot of heat.2018 February 12, Antonio Villas-Boas, “I've started to mine cryptocurrency, and it's surprisingly easy -- but I'm still 8 months away from breaking even”, in Business Insider Australia
   • Demin warned that more companies could face malicious software capable of cryptomining. Of late, a number of businesses were caught running cryptomining code on their websites to secretly generate digital currencies as an alternative to online advertising.2017 December 16, Hyacinth Mascarenhas, “Russian pipeline giant Transneft's computers hit with malware that covertly mined cryptocurrency”, in International Business Times UK